OKOLONA, KENTUCKY - Real Estate Market Update January 2024 - Presented by Totally About Houses

🏡📊 Are you curious about the real estate market in Okolona, Louisville? Well, you're in luck! Here's a quick update on the current trends! 📈🏠

🔍 Attention Buyers and Sellers! 🔍

📈 Market Update: Okolona, Louisville

📉 Months Supply of Inventory: 1.75 months 📈

Over the last 12 months, Months Supply of Inventory has increased by a significant 161.19%! 📈

💲 Median Sold Price: $199,900 💲

💰 Great news for sellers! The List to Sold Price percentage is at an impressive 100.5%! 💰

⌛️ Median Days on Market: 3 ⌛️

🕒 Homes are selling fast in Okolona! With a median of just 3 days on the market, it's a competitive market for buyers! 🏃‍♂️🏃‍♀️

🏡 Whether you're buying or selling in Okolona, these market trends are essential to know. As your trusted REALTOR®, I'm here to guide you through the process and help you make the most informed decisions. 🤝

📊 Stay tuned for more updates and reach out to me for personalized advice tailored to your real estate goals! Let's make your dreams of buying or selling a home in Okolona a reality! 🏡💼

#OkolonaRealEstate #LouisvilleHomes #MarketTrends2023 #TotallyAboutHouses #MonicaDunlapRealtor

It’s your friendly neighborhood realtor from Totally About Houses. I hope you're all doing fantastic today because I've got some exciting market updates to share with you. So sit back, relax, and let's dive right in!

It's November 2023, and we're here in the beautiful city of Okolona, nestled within the Jefferson County Kentucky. Now, I know you're all eager to know what's been happening in our local real estate market, so let's get straight to the facts.

Currently, we're looking at a one point seventy five Months Supply of Inventory. Now, what does that mean? Well, simply put, it means that our market is quite vibrant and competitive. So, if you're a buyer, get ready for some exciting house hunting, and if you're a seller, this could be the perfect time to make a move!

But wait, there's more! Over the last 12 months, we've seen a significant increase in the Months Supply of Inventory, with a whopping 161.2% jump. That's right, our market is on fire!

Now, let's talk about something that's always on everyone's mind – the List to Sold Price percentage. And guess what? It's currently at an impressive one hundred point forty seven percent! That means homes are selling at or even above their asking prices.

The median days on market in our lovely Okolona is just three days! Yes, you heard that right – three days! So if you're in the market for a new home, be prepared to act fast and make those decisions quickly.

Now, let's talk numbers – the median sold price. Brace yourselves, because it's sitting at a cool $199,900. That's a fantastic price point, offering great opportunities for both buyers and sellers to make a move in this thriving market.

So, whether you're a buyer or a seller, it's an exciting time in Okolona. The market is buzzing, and opportunities are aplenty. If you're a buyer, be prepared to act quickly and work with a realtor who can help you navigate this fast-paced market. And if you're a seller, it's the perfect time to list your home and take advantage of the high demand and great prices.

That's all for today's market update. I hope you found this information helpful and exciting. If you have any questions or if you're ready to jump into the real estate game, don't hesitate to reach out to me at Totally About Houses.

Until next time, stay positive, stay motivated, and remember, the doors to your dream home are waiting to be unlocked. Take care, and I'll see you soon!